A painter by profession, Kiran Waghchoure’s business was seasonal. He is the sole working member of his family, which comprises his wife and two children. He wanted to provide a better quality of life for his children and expand his business.
Kiran’s customers didn’t trust him because of the lack of a permanent address. Consequently, he was unable to procure large contracts or advance payments. This situation severely limited his income affecting the quality of life and his children’s future.
Kiran was sanctioned a home loan by Capri Global Capital Housing Finance for INR 1.0 million for a tenure of 20 years.
Kiran’s business saw a steady stream of new customers following his purchase of a permanent residence.
The increase in the income levels afforded the family a better lifestyle.
Kiran’s children now go to a better school and his wife is happy that they have the security of their own home.